Remittance hit $24b in FY24, highest in three years After hovering around the $21-billion mark for the previous two fiscal years, total remittances sent home by Bangladesh’s migrant workers ...

Proposed U.S. legislation reduces remittance tax to 1% for NRIs, excludes bank transfers, a relief for Indian community.

Overseas employees will enjoy a 2.5% cash incentive if they send five categories of service benefits in the form of remittance through formal channels. The categories are retirement benefits such as ...

Remittance inflow rises 11.76% to $2.09 billion in July Remittance flow to Bangladesh rose 11.76 per cent year-on-year to $2.09 billion in July, a development that would bring some relief for the ...

Dubai: Pakistan is marking a new record-breaking International Day of Family Remittance. During the fiscal year 2024-25, overseas Pakistanis remitted $34.9 billion to the country - a 28.8% ...

In a significant move offering relief to Non-Resident Indians (NRIs), the US Senate has reduced the proposed remittance transfer tax to 1% from an earlier 3.5% in its latest draft of the One Big ...

Washington: The US Senate’s revised draft of the “One Big Beautiful Bill Act” cuts the proposed remittance tax from 3.5 per cent to just 1 per cent, offering big relief for non-citizens ...

About ACE Money Transfer ACE Money Transfer, headquartered in Manchester, UK, is a leading provider of online remittance services, trusted by millions of customers globally.

Republicans in Congress want to add a tax to migrant remittance payments under the 'Big Beautiful Bill'. Critics say that could lead to more illegal immigration.

WASHINGTON ― Former Vice President Mike Pence said his ex-boss, President Donald Trump, should not be taking advice from Russian President Vladimir Putin about the conflict between Israel and Iran.

IFSCA invites comments on draft master circulars for capital market intermediaries in IFSC, streamlining regulations for registration, operations, and ...

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